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Ecora Resources PLC Announces Director Share Dealings in Company

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Ecora Resources PLC announced that CEO Marc Bishop Lafleche acquired 100,000 shares at an average price of £0.6317 per share on October 24, 2024. The transactions were executed on the London Stock Exchange's Main Market. The share acquisition was reported in compliance with Article 19 of the UK Market Abuse Regulation, with the transaction details broken down into multiple trades at prices ranging from £0.63 to £0.633 per share.

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Positive

  • CEO demonstrates confidence in company through significant personal investment of 100,000 shares

Negative

  • None.

News Market Reaction 1 Alert

+4.48% News Effect

On the day this news was published, ECRAF gained 4.48%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

LONDON, UK / ACCESSWIRE / October 25, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) has received notification of the following transactions by Marc Bishop Lafleche, Chief Executive Officer.

On 24 October 2024, Mr. Bishop Lafleche acquired 100,000 Shares at an average approximate price of £0.6317 per share.

These transactions took place on the London Stock Exchange.

Director Share Dealings - Further information
In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notification is set out below.

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Marc Bishop Lafleche

2.

Reason for the notification

a.

Position/status

Chief Executive Officer of Ecora Resources PLC

b.

Initial notification/Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Ecora Resources PLC

b.

LEI

213800LXSV317746JZ71

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a.

Description of the Financial instrument, type of instrument
Identification code

2p Ordinary Shares
GB0006449366

b.

Nature of the transaction

Acquisition of Shares

c.

Price(s) and volume(s)

Price(s)

Volume(s)

£0.631

39,617

£0.633

39,494

£0.631

12,690

£0.630

8,199

d.

Aggregated information

  • Aggregated volume

  • Price

100,000
£0.6317

e.

Date of the transaction

24 October 2024

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

For further information:

Ecora Resources PLC

+44 (0) 20 3435 7400

Jason Gray - Company Secretary

Website:

www.ecora-resources.com

FTI Consulting

+44(0) 20 3727 1000

Sara Powell / Ben Brewerton / Nick Hennis

ecoraresources@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ecora Resources PLC



View the original press release on accesswire.com

FAQ

How many shares did Ecora Resources (ECRAF) CEO Marc Bishop Lafleche purchase on October 24, 2024?

Ecora Resources CEO Marc Bishop Lafleche purchased 100,000 shares at an average price of £0.6317 per share on October 24, 2024.

What was the total value of Ecora Resources (ECRAF) CEO's share purchase in October 2024?

The total value of the share purchase was approximately £63,170, based on the average purchase price of £0.6317 for 100,000 shares.

Where were the Ecora Resources (ECRAF) shares purchased by the CEO in October 2024?

The shares were purchased on the London Stock Exchange Main Market (XLON).
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